Gurugram-based Landmark Group has announced an investment of nearly Rs 4 billion in its low-density luxury housing project, ‘Landmark SKYVUE’, at Sector 103 on the Dwarka Expressway. Spread across 4 acres, the development will comprise 240 apartments and has a revenue potential of around Rs 12 billion. The project is scheduled for completion in four years and has been launched at Rs 17,500 per sq ft, with apartment prices ranging between Rs 49.9 million and Rs 67.8 million.

“We will invest Rs 4 billion in the construction of our new project, ‘Landmark SKYVUE’,” said Landmark Group chairman Sandeep Chhillar. “It is a low-density development with 60 apartments per acre compared to the conventional 90–100.”

The company has owned the land parcel since 2009 and has already cleared all approval charges. Chhillar noted that demand in the Gurugram market remains robust, supported by major infrastructure projects such as the Dwarka Expressway.

The project is part of an 11-acre landholding, with Phase I delivered in 2013 and Phase III planned for FY2026. Phase II, spread over 4 acres, will feature 240 three-side-open residences in 3BHK+ utility and 4.5BHK+ utility formats. Towers will rise 40 floors above a three-level podium that will house retail space, a 100,000 sq ft club, and wellness facilities, along with a rooftop observatory.

“Our aim is to create a community that blends design with comfort,” Chhillar said. “We are incorporating modern amenities such as digitally enabled zones, a skypad pickleball court, Japanese restaurant ‘Sora’, and the wellness-focused ‘Skydome’ club offering a meditation area, plunge pool, and certified cryotherapy facilities.”

Funding for the project will come from internal accruals, bank loans, and customer advances. The Landmark Group has already delivered 15 residential and five commercial projects, mainly across Delhi-NCR.

In addition to SKYVUE, the company has several projects lined up for FY2025-26, including the region’s largest single-tower commercial project of 2.2 million sq ft on Golf Course Extension Road, a high-street retail project, and a large mixed-use development on Dwarka Expressway.